Oldendorff Successfully Installs Rotor Sails

Oldendorff Carriers (Oldendorff) is pleased to announce the successful installation and operational deployment of Rotor Sails on the Chinook Oldendorff. Through a joint agreement...

IMO Secretary-General Receives Credentials Of Saudi Representative

During a meeting on the sidelines of the 133rd International Maritime Organization (IMO) Council session, Vice Minister of Transport and Logistic Services and acting...

Ningbo Freight Rates Slide Amid Oversupply

Freight Rates Continue to Decline Across Key Routes. Key routes connect Ningbo to ports like Hamburg, Barcelona, Istanbul, and Dubai. Transactional Data Backed...

UN Agencies Join Forces to Decarbonize Transport

The transport sector, especially road and aviation, contributes to global greenhouse gas emissions. ICAO, IMO, and UNECE are collaborating to reduce emissions in...

EBIT Up 600% YoY for Major Carriers in Q3 2024

The major carriers have reported a combined 2024-Q3 EBIT of USD 17.06bn, which is a 600% increase Y/Y – the Y/Y increase is discounting...

Liberia Issues Safety Alert for Heavy Object Handling

Two fatal incidents involving heavy steel plates have occurred on Liberian-flagged vessels. The Liberia Maritime Authority is urging caution while storing and moving...

Norway Updates Regulations for Foreign Vessels

On November 1, 2024, the Norwegian government announced a new arrival notification regulation aimed at strengthening control over foreign vessels entering and navigating...

Samsung Heavy Industries Debuts Latest Autonomous Vessel

Samsung Heavy Industries launched the "Shift Auto," a mission-based research vessel equipped with fully autonomous navigation functions from the design stage. This innovative...

Port of Osaka Surpasses 1.6M TEUs in 2024 So Far

In October, the Port of Osaka handled 190,844 TEUs of oceangoing containers, marking an 11.8% year-on-year increase and achieving growth for a second consecutive...

Fire Incident Exposes Safety Flaws on Norwegian Vessel

A fire incident on a Norwegian vessel highlighted safety design flaws which exposed crew members to smoke and caused operational mishaps. Companies should...

ISO 6583:2024: Setting Global Standards for Methanol as Marine Fuel

The release of ISO 6583:2024 establishes the first global standard for methanol as a marine fuel, arriving just before the FuelEU Maritime regulation...

Analyzing Q4 Pressure in Crude and Product Tanker Markets

Crude and product tanker markets have faced low rates in Q4, with declining demand across most segments except for clean West routes. A...

South Korea’s LNG Dominance Faces Methane Pledge Pressure

  South Korea leads in building 80% of the global LNG tanker fleet. Still, it faces challenges balancing its Global Methane Pledge to cut emissions...

Blank Sailings Surge: East-West Trade Routes Face 10% Cancellation Rate

Blank Sailings (Weeks 48-52): 70 sailings canceled across East-West trade lanes, representing a 10% cancellation rate. Impact on Trade Routes: Transpacific Eastbound: 50%...

Disney’s New Adventure-Themed Cruise Ship Ready for Maiden Voyage

Disney Treasure, Disney Cruise Line’s newest ship, celebrated its grand christening on November 19 in New York Harbor. The adventure-themed vessel pays tribute...

Karin Orsel Honored with IMO Gender Equality Award for Maritime Excellence

Ms. Karin Orsel, CEO of MF Shipping Group, wins the 2025 IMO Gender Equality Award. Award Ceremony: Scheduled for May 2025 during the...

DP World Adds Three Terminals to Green Marine

DP World expanded its Green Marine membership by adding the Vancouver, Nanaimo, and Saint John terminals to the Green Marine program. The company...

Chipolbrok Orders New Multipurpose Vessel Duo

Chinese/Polish transport company Chipolbrok aims to enhance its ship fleet with two new multipurpose vessels, reports Container News. Chipolbrok has sent an order to China’s...

Solstad Offshore Nets $60M in New Vessel Contracts

Solstad Offshore has secured multiple new contracts and contract extensions, whose combined value is $60 million. Solstad secured one new contract, and one...

Constructive Feedback Key To Seafarers’ Mental Health And Retention, Says VIKAND

With mental healthcare for seafarers emerging as a top industry priority, VIKAND, a global leader in maritime healthcare solutions, emphasizes the critical role of...